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Emirates NBD completes acquisition of RBL Bank
The investment was completed through a preferential allotment of 929.1 million fully paid-up equity shares of RBL Bank at Rs 280 per share, aggregating to about Rs 26,016 crore. As a result of the allotment, RBL Bank's total share count has more than doubled -to 1.5485 billion from about 619.4 million.
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gulfnews.com
Emirates NBD completes $2.75 billion investment in RBL Bank, takes 60% stake
Emirates NBD completes $2.75 billion deal for 60% of RBL Bank, marking India’s largest foreign investment in banking and boosting its growth strategy in India.
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thehindubusinessline.com
Emirates NBD completes acquisition of majority stake in RBL Bank with $2.75 billion investment
Emirates NBD completes $2.75 billion acquisition of majority stake in RBL Bank, marking a significant investment in India's banking sector.
